The impact of Economic freedom on economic growth: Evidence from SAARC | ||
| المجلة العلمية للبحوث التجارية (جامعة المنوفية) | ||
| Article 21, Volume 48, Issue 1, January 2023, Pages 95-114 PDF (507.91 K) | ||
| Document Type: المقالة الأصلية | ||
| DOI: 10.21608/sjsc.2022.155766.1179 | ||
| Authors | ||
| Mai Yasser* 1; amr abdelmegiud2 | ||
| 1economics, faculty of management sciences, October university for modern sciences and arts | ||
| 2economics- faculty of management sciences- october university for modern sciences and arts (MSA) | ||
| Abstract | ||
| Aim: That study aims to examine the impact of the economic freedom index, ODA, and economic development on economic growth in SAARC countries. Moreover, it will investigate the short and long-run impacts on GDP per capita in these countries. Methodology: it will depend on data for five countries out of 8 countries in SAARC due to a lack of data for some countries from 2005 to 2019. The independent variable is GDP per capita, while the dependent variables are the economic freedom index, HDI, ODA, and FDI. The methodology adopted will begin with a unit root test then the FMOLS model will be adopted. Findings: This study ends with a positive effect of HDI and economic freedom index on economic growth but negative effects of FDI and ODA on economic growth. The methodology adopted will begin with a unit root test then the FMOLS model will be adopted. Originality: This paper supports the idea of promoting economic growth and economic development within the dependence of investors on economic freedom and how they linked economic freedom with FDI | ||
| Keywords | ||
| HDI; GDP; economic growth; economic development; SAARC | ||
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